Winterfest INC FY2021 filing

Not tax-deductible

Ft Lauderdale, FL501(c)(4)Since 1988 EIN 65-0059092Revenue $653K in FY2021

On file with the IRSwinterfestparade.com512 Ne 3rd Ave, 33301-3236 · Ft Lauderdale, FLTax-exempt since May 1990

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To provide quality, wholesome family entertainment while creating national attention for the Greater Fort Lauderdale destination. Most significant activity is the Seminole Hard Rock Winterfest

501(c)(4) social-welfare organization; gifts are not tax-deductible as charitable contributions.
83¢ of each $1 spent went to programs.
$188K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(4)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $150K a year · 8% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$188K
to officers and key staff · 28% of spending
Worth a look: pay to officers and key staff is 28% of spending; over 20%.
Pt VII · Sec A
14 mo
of spending, in cash
Looks good: 14.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$33K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
46
of 46 voting members
Looks good: 46 of 46 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$653K
Spent
$674K
To programs
83%
Net assets
$880K
By yearFY2021–FY2026
Revenue
$653K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$653K
FY2022$1.8M
FY2023$2.0M
FY2024$2.1M
FY2025$2.2M
FY2026$2.1M
Expenses
$674K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$674K
FY2022$1.4M
FY2023$1.9M
FY2024$1.7M
FY2025$2.2M
FY2026$2.0M
Net assets
$880K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$880K
FY2022$1.2M
FY2023$1.3M
FY2024$1.7M
FY2025$1.7M
FY2026$1.8M

From the FY2021 Form 990 (year ending January 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in May 1990.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $560K Management & general 17% · $114K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

47 people listed on the 990; $188K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President/CEO
$187,891Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2026FY2025FY2024FY2023FY2022FY2021
Lisa B Scott-Founds$206,863$209,034$216,948$219,448$163,031$187,891

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Entertains families and promotes Fort Lauderdale through events like the Winterfest Boat Parade.

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Provided by the organization

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1 program · $560K · in their own filed words · FY2020
01

Winterfest's main program event is the Fort Lauderdale Boat Parade. The purpose is to promote the Greater Fort Lauderdale area. The Boat Parade provides a major holiday event with an estimated attendance of 1 million and local and national media coverage.

$560Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$653K
Ln 12
Fees for servicesLn 2g$576K
Other incomeLn 4–11$77K
Investment incomeLn 3$85
Money outPt IX
$674K
Ln 25
Programscol B$560K
Managementcol C$114K
Owns and owesPt X
$880K
net assets · Ln 32
Cash and savingsLn 1–2$817K
Total assetsLn 16$913K
LiabilitiesLn 26$33K
PeoplePt VI, VII
47
listed · VII A
PaidVII A1
Voting boardVI 1a46
IndependentVI 1b46
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$576K
Investment incomeLn 3$85
Other incomeLn 4–11$77K
Total revenueLn 12$653K
Assets in detailPt X, end of year
CashLn 1$585K
SavingsLn 2$232K
Cash and savings togetherLn 1–2$817K
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$913K
LiabilitiesLn 26$33K
Net assetsLn 32$880K
OperationsPt I, VI
EmployeesI 53
VolunteersI 6300
Fiscal year endsHeaderJanuary
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$551K$817K
Land, buildings, equipmentLn 10c$5K$3K
Total assetsLn 16$950K$913K
LiabilitiesLn 26$49K$33K
Net assetsLn 32$901K$880K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$200$200
Pay of current officers, directors and key staffLn 5$188K$170K$19K$0
Other salaries and wagesLn 7$201K$171K$30K$0
Pension plan contributionsLn 8$11K$10K$1K$0
Other employee benefitsLn 9$38K$33K$5K$0
Payroll taxesLn 10$27K$23K$3K$0
Accounting feesLn 11c$6K$0$6K$0
Other fees for servicesLn 11g$9K$9K$0$0
Advertising and promotionLn 12$33K$33K$0$0
Office expensesLn 13$45K$4K$40K$0
Information technologyLn 14$17K$17K$0$0
OccupancyLn 16$23K$20K$3K$0
TravelLn 17$2K$2K$0$0
Conferences, conventions and meetingsLn 19$6K$4K$2K$0
Depreciation, depletion and amortizationLn 22$2K$0$2K$0
InsuranceLn 23$8K$5K$2K$0
Other expenses (24a–d)Ln 24$58K$58K$481$0
Total functional expensesLn 25$674K$560K$114K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest $2.1M$2.0M$82K$1.8M 990 PDF
FY2025 $2.2M$2.2M$19K$1.7M 990 PDF
FY2024 $2.1M$1.7M$382K$1.7M 990 PDF
FY2023 $2.0M$1.9M$112K$1.3M 990 PDF
FY2022 $1.8M$1.4M$328K$1.2M 990 PDF
FY2021 Viewing $653K$674K−$21K$880K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $653,295 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $1,411,643$576,240
I-10 Investment incomePrior year $550$85
I-11 Other revenuePrior year $319,066$76,970
I-12 Total revenuePrior year $1,731,259$653,295
I-13 Grants and similar amounts paidPrior year $3,545$200
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $389,223$466,213
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,117,966$208,069
I-18 Total expensesPrior year $1,510,734$674,482
I-19 Revenue less expensesPrior year $220,525−$21,187
Part VI · Governance 46 of 46 board members independent, 3 to look at
VI-1a Voting members of the governing body46
VI-1b Independent voting members46
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $653,295 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$576,240
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $85$85
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $76,970$76,970
VIII-12 Total revenueRelated to mission $576,240 · Unrelated business $0 · Excluded from tax $77,055$653,295
Part IX · Statement of functional expenses $674,482 across 17 lines filed
IX-2 Grants to domestic individualsPrograms $200$200
IX-5 Pay of current officers, directors and key staffPrograms $169,576 · Management $18,842 · Fundraising $0$188,418
IX-7 Other salaries and wagesPrograms $171,117 · Management $30,252 · Fundraising $0$201,369
IX-8 Pension plan contributionsPrograms $9,983 · Management $1,438 · Fundraising $0$11,421
IX-9 Other employee benefitsPrograms $33,328 · Management $4,803 · Fundraising $0$38,131
IX-10 Payroll taxesPrograms $23,489 · Management $3,385 · Fundraising $0$26,874
IX-11c Accounting feesPrograms $0 · Management $6,000 · Fundraising $0$6,000
IX-11g Other fees for servicesPrograms $9,073 · Management $0 · Fundraising $0$9,073
IX-12 Advertising and promotionPrograms $32,585 · Management $0 · Fundraising $0$32,585
IX-13 Office expensesPrograms $4,434 · Management $40,496 · Fundraising $0$44,930
IX-14 Information technologyPrograms $17,244 · Management $0 · Fundraising $0$17,244
IX-16 OccupancyPrograms $19,556 · Management $3,184 · Fundraising $0$22,740
IX-17 TravelPrograms $1,875 · Management $0 · Fundraising $0$1,875
IX-19 Conferences, conventions and meetingsPrograms $4,133 · Management $1,811 · Fundraising $0$5,944
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $1,609 · Fundraising $0$1,609
IX-23 InsurancePrograms $5,461 · Management $2,114 · Fundraising $0$7,575
IX-24 Other expenses (24a–d)Programs $58,013 · Management $481 · Fundraising $0$58,494
IX-25 Total functional expensesPrograms $560,067 · Management $114,415 · Fundraising $0$674,482
Part X · Balance sheet $913,082 assets, 11 lines filed
Asset lines not itemized here account for $8; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $318,997$584,886
X-2 Savings and temporary cash investmentsStart of year $232,287$232,197
X-4 Accounts receivableStart of year $382,195$79,000
X-9 Prepaid expenses and deferred chargesStart of year $9,823$13,718
X-10c Land, buildings and equipment, netStart of year $4,882$3,273
X-16 Total assetsStart of year $950,134$913,082
X-17 Accounts payable and accrued expensesStart of year $47,436$32,836
X-26 Total liabilitiesStart of year $48,701$32,836
X-27 Net assets without donor restrictionsStart of year $901,433$880,246
X-32 Total net assets or fund balancesStart of year $901,433$880,246
X-33 Total liabilities and net assetsStart of year $950,134$913,082
Part XI · Reconciliation of net assets $880,246 net assets at year end
XI-1 Total revenue$653,295
XI-2 Total expenses$674,482
XI-3 Revenue less expenses−$21,187
XI-4 Net assets at start of year$901,433
XI-10 Net assets at end of year$880,246

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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